M&A
confidence high
sentiment neutral
materiality 0.60
Odyssey Health signs non-binding LOI to merge with Speranza Therapeutics in all-stock deal
Odyssey Health, Inc.
- Speranza's lead product ST Genesis is a wearable device for opioid withdrawal, FDA cleared, 93% response rate, targets $1.4B market.
- Transaction makes Speranza a wholly owned subsidiary of Odyssey; Speranza management to remain post-closing.
- Merger subject to due diligence, financing, and other conditions; deal terms were not disclosed.